Financial Statements — CVU
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 | Q2
2021 | Q1
2021 |
|---|
| Cash & Equivalents | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 4.63 | 2.63 | 2.93 | 3.11 | 2.60 | 0.82 |
| Accounts Receivable | 9.84 | 4.17 | 6.40 | 6.05 | 5.57 | 6.57 | 6.23 | 4.98 | 9.12 | 8.62 | 5.48 | 8.40 | 4.85 | 4.85 | 8.54 | 7.07 | 8.23 |
| Inventory | 0.62 | 0.73 | 0.59 | 1.03 | 0.90 | 1.05 | 1.13 | 1.28 | 1.65 | 1.92 | 2.33 | 3.11 | 3.59 | 3.70 | 4.98 | 5.28 | 5.50 |
| Total Current Assets | 47.68 | 45.97 | 41.79 | 39.32 | 41.12 | 43.37 | 44.08 | 43.87 | 45.13 | 45.19 | 46.79 | 44.55 | 42.60 | 41.17 | 42.94 | 42.64 | 44.74 |
| Property, Plant & Equipment | 0.51 | 0.43 | 0.57 | 0.64 | 0.73 | 0.82 | 0.79 | 0.74 | 0.87 | 0.95 | 1.05 | 1.25 | 1.39 | 1.53 | 1.84 | 2.07 | 2.29 |
| Goodwill | 1.78 | 1.78 | 1.78 | 1.78 | 1.78 | 1.78 | 1.78 | 1.78 | 1.78 | 1.78 | 1.78 | 1.78 | 1.78 | 1.78 | 1.78 | 1.78 | 1.78 |
| Intangible Assets | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.03 | 0.06 | 0.09 | 0.16 | 0.19 | 0.22 |
| Total Non-current Assets* | 31.03 | 31.33 | 32.27 | 32.93 | 24.24 | 25.51 | 26.13 | 26.88 | 14.13 | 14.89 | 15.51 | 10.08 | 10.50 | 11.08 | 6.72 | 7.43 | 8.12 |
| Total Assets | 78.71 | 77.31 | 74.06 | 72.26 | 65.36 | 68.89 | 70.22 | 70.76 | 59.26 | 60.08 | 62.30 | 54.64 | 53.11 | 52.25 | 49.66 | 50.07 | 52.85 |
| Accounts Payable | 16.04 | 16.53 | 16.49 | 15.18 | 14.50 | 14.99 | 14.53 | 11.86 | 13.06 | 11.73 | 10.81 | 12.77 | 11.29 | 11.81 | 13.00 | 13.55 | 15.04 |
| Total Current Liabilities | 24.19 | 23.24 | 25.95 | 26.26 | 26.17 | 27.06 | 27.85 | 28.70 | 29.95 | 30.70 | 33.05 | 30.93 | 30.92 | 29.65 | 29.82 | 34.68 | 36.44 |
| Long-term Debt | -- | 10.00 | -- | -- | -- | -- | -- | -- | -- | 0.26 | 1.15 | 2.69 | 3.60 | 4.25 | 6.06 | 11.51 | 12.10 |
| Total Non-current Liabilities* | 26.41 | 26.78 | 23.11 | 22.23 | 14.26 | 16.89 | 18.26 | 19.52 | 22.01 | 22.52 | 23.73 | 26.45 | 26.87 | 27.93 | 24.83 | 25.95 | 27.82 |
| Total Liabilities | 50.60 | 50.03 | 49.07 | 48.48 | 40.43 | 43.95 | 46.10 | 48.22 | 51.96 | 53.23 | 56.78 | 57.38 | 57.79 | 57.59 | 54.64 | 60.63 | 64.26 |
| Retained Earnings | (47.43) | (48.11) | (50.04) | (51.15) | (49.83) | (49.48) | (50.23) | (51.64) | (66.56) | (66.86) | (68.02) | (75.84) | (77.70) | (78.21) | (77.72) | (83.15) | (83.77) |
| Total Stockholder Equity | 28.11 | 27.28 | 24.99 | 23.77 | 24.93 | 24.94 | 24.12 | 22.53 | 7.30 | 6.86 | 5.52 | (2.74) | (4.69) | (5.34) | (4.98) | (10.56) | (11.41) |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 17.58 | 17.36 | 19.41 | 19.27 | 15.18 | 15.40 | 21.77 | 19.42 | 20.81 | 19.08 | 23.50 | 20.40 | 20.55 | 22.02 | 24.08 | 20.20 | 18.93 | 20.14 | 26.35 | 23.90 |
| Cost of Revenue | 13.71 | 12.88 | 15.48 | 14.96 | 14.52 | 13.75 | 17.42 | 15.20 | 15.69 | 15.53 | 19.41 | 16.69 | 15.94 | 17.35 | 20.20 | 14.87 | 15.27 | 16.70 | 23.51 | 20.25 |
| Gross Profit | 3.87 | 4.48 | 3.94 | 4.31 | 0.66 | 1.65 | 4.35 | 4.22 | 5.12 | 3.55 | 4.09 | 3.71 | 4.60 | 4.66 | 3.88 | 5.33 | 3.66 | 3.43 | 2.84 | 3.65 |
| Selling, General & Admin | 2.68 | 2.65 | 2.69 | 2.55 | 2.65 | 2.84 | 2.27 | 2.74 | 2.78 | 2.71 | 2.55 | 2.54 | 2.81 | 2.87 | 2.83 | 2.74 | 2.70 | 3.14 | 2.99 | 2.77 |
| Total Operating Expenses | 2.68 | 2.65 | 2.69 | 2.55 | 2.65 | 2.84 | 2.27 | 2.74 | 2.78 | 2.71 | 2.55 | 2.54 | 2.81 | 2.87 | 2.83 | 2.74 | 2.70 | 3.14 | 2.99 | 2.77 |
| Operating Income | 1.20 | 1.83 | 1.25 | 1.75 | (1.99) | (1.19) | 2.07 | 1.48 | 2.34 | 0.84 | 1.55 | 1.17 | 1.80 | 1.79 | 1.05 | 2.58 | 0.96 | 0.30 | (0.15) | 0.89 |
| Interest Expense | -- | -- | -- | -- | -- | -- | 0.50 | 0.57 | 0.59 | 0.63 | 0.64 | 0.66 | 0.54 | 0.61 | 0.78 | 0.72 | 0.44 | 0.33 | 0.30 | 0.25 |
| Pretax Income | 0.88 | 1.57 | 0.83 | 1.37 | (2.27) | (1.67) | 1.58 | 0.90 | 1.75 | 0.21 | 0.91 | 0.51 | 1.26 | 1.18 | 0.27 | 1.86 | 0.52 | (0.03) | (0.45) | 5.43 |
| Tax Provision | 0.20 | 0.33 | 0.14 | 0.25 | (0.95) | (0.35) | 0.61 | 0.15 | 0.34 | 0.04 | (13.85) | 0.21 | 0.10 | 0.20 | (6.56) | 0.00 | 0.01 | 0.00 | 0.01 | 0.00 |
| Net Income | 0.69 | 1.24 | 0.69 | 1.11 | (1.32) | (1.32) | 0.97 | 0.75 | 1.41 | 0.17 | 14.76 | 0.30 | 1.16 | 0.98 | 6.83 | 1.86 | 0.52 | (0.03) | (0.46) | 5.43 |
| Basic EPS | 0.05 | 0.10 | 0.04 | 0.09 | (0.10) | (0.10) | 0.08 | 0.06 | 0.11 | 0.01 | 1.21 | -- | -- | -- | -- | 0.15 | 0.04 | 0.00 | (0.03) | 0.44 |
| Diluted EPS | 0.05 | 0.09 | 0.04 | 0.09 | (0.10) | (0.10) | 0.08 | 0.06 | 0.11 | 0.01 | 1.19 | 0.02 | 0.09 | 0.08 | -- | 0.15 | 0.04 | 0.00 | (0.03) | 0.44 |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | -0.00 | (0.42) | (2.09) | 0.21 | (0.60) | (2.72) | 4.40 | 0.72 | (0.59) | (0.96) | 3.09 | (0.04) | (0.02) | 0.89 | 0.14 | 2.90 | 0.35 | (2.45) | 4.11 | 1.17 |
| Capital Expenditures | 0.01 | 0.05 | 0.00 | 0.00 | 0.00 | 0.06 | 0.07 | 0.13 | 0.16 | 0.05 | 0.05 | 0.03 | 0.02 | 0.04 | 0.02 | 0.00 | 0.00 | 0.03 | 0.01 | 0.01 |
| Free Cash Flow* | (0.01) | (0.48) | (2.10) | 0.21 | (0.60) | (2.78) | 4.32 | 0.59 | (0.75) | (1.01) | 3.04 | (0.07) | (0.03) | 0.85 | 0.12 | 2.90 | 0.35 | (2.47) | 4.10 | 1.17 |
| Investing Cash Flow | (0.01) | (0.05) | -0.00 | -0.00 | -0.00 | (0.06) | (0.07) | (0.13) | (0.16) | (0.05) | (0.05) | (0.03) | (0.02) | (0.04) | (0.02) | 0.00 | 0.00 | (0.03) | (0.01) | (0.01) |
| Financing Cash Flow | (0.16) | 0.58 | 2.45 | (0.34) | (0.59) | (0.84) | (0.54) | (0.81) | (0.33) | (1.07) | (0.56) | (0.40) | (0.88) | (0.70) | (0.90) | (0.90) | (0.66) | (0.91) | (0.90) | (0.66) |
* Derived from reported values
